CAO Thompson sold 19,530 BYD shares (-47.0% of holdings) at $83.59; all 3 prior BYD sales were well-timed (90d declines).
Thompson Stephen S., Chief Administrative Officer, sold 19,530 shares (19.5K shares) of Boyd Gaming Corp at $83.59 on 2026-02-27, reducing holdings from 41,539 shares to 22,009 shares. His prior trade history at Boyd Gaming shows a strong timing pattern: all 3 previous sells were well-timed at the 90-day mark, with average 90-day returns of -7.0% (2025-08-01), -16.2% (2024-03-04), and -18.5% (2023-08-01). The current stock price of $82.49 is -7.9% from the 52-week high of $89.56 and the company carries a notably low P/E of 1.98 despite reporting $1.4B in net income on $1.0B revenue last quarter. The pattern of consistent well-timed exits at this ticker—coupled with a -47.0% reduction in his stake—merits observation, though the disposal size and established insider pattern suggest this transaction warrants attention for monitoring the timing outcome relative to Boyd's near-term price action.
CAO Thompson sold 15,906 BYD shares at $83.25 (−29.2% of holdings); prior BYD sales both well-timed with 90-day declines.
Thompson Stephen S. (Chief Administrative Officer) executed a substantial sale of 15,906 shares at $83.25 on 2025-08-01, reducing his stake from 54,515 to 38,609 shares. This represents a meaningful reduction of 29.2% of his pre-transaction holdings worth $1,324,174.50. His prior trades at BYD show a consistent pattern: a sell on 2024-03-04 (90d: −16.2%) and a sell on 2023-08-01 (90d: −18.5%), both followed by price declines within the 90-day window (100% well-timed rate across BYD history). The current price of $83.50 is 3.7% below the 52-week high and the stock has posted +20.9% over 90 days, suggesting strength in recent momentum. The timing and magnitude of this sale, combined with his established pattern of 90-day-accurate sell execution at this ticker, merit investor attention to whether this signals a near-term valuation concern or dividend-driven liquidity need by a senior executive.